Mega Precious Metals Inc. is pleased to announce that it has entered into a definitive agreement with Yamana Gold Inc., whereby Yamana will acquire all of the outstanding shares of Mega under a plan of arrangement for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share, equivalent to C$0.10 per Mega share, based on the closing price of Yamana shares on the TSX on April 23, 2015.
Cyprium Mining Corporation ("Cyprium" or the "Company") is pleased to announce that it has accepted deliveries of 500 tons of mineralized material at the Company's processing facility in Aldama, Mexico (the "Aldama Plant"). Cyprium has the exclusive use of the Aldama Plant under a five year agreement with its owner during which Cyprium will use the Aldama Plant on a variable cost basis.
Melkior Resources Inc. ("Melkior") is pleased to provide progress on its wholly owned Carscallen gold project which is located approximately 25 kilometres west of the centre of Timmins Ontario and 5.5 kilometres west of Lake Shore Gold Corp.'s West Timmins Mine.
BacTech Environmental Corporation today announced that in addition to its tailings activity in Bolivia, the Company has launched a new initiative to reduce the amount of mercury used in artisanal/small mining operations.
Kerr Mines Inc. is pleased to report that drilling in and around the Copperstone gold deposit located in Western Arizona is set to commence. Initial drilling will primarily target the Lower Plate Zone located parallel to the main Copperstone zones that were previously mined by open pit and underground methods.
Alabama Graphite Corp. ("Alabama Graphite" or the "Company") is pleased to announce that it has finalized plans for a diamond drilling program at its flagship Coosa Project in Alabama. Drilling will begin before the end of April, 2015.
Kombat Copper Inc. ("Kombat" or the "Company") is continuing its 2,000 metre surface drill program at the Kombat Mine property. To date, a total of 17 holes have been completed and core logging and sampling are ongoing. Samples from the initial 5 holes, as well as trench and underground samples, have been sent to a commercial laboratory for assay with initial results expected in a few weeks' time.
Highland Copper Company Inc. ("Highland" or the "Company") is pleased to announce that it has entered into an agreement to lease certain mineral rights located in White Pine, Michigan from a private Michigan limited liability corporation that is at arm's length to Highland.
ARANZ Geo, developer of 3D geological modelling software Leapfrog®, has released Leapfrog Geo 2.2.
Saint Jean Carbon Inc. ("Saint Jean" or the "Company") is pleased to announce that it has started a spring work program on its Clot lump graphite property. Upon completion of the work the Company will also prepare a preliminary technical report that will outline future work programs. As announced in its January 14, 2014 press release, the Clot property is located in southern Québec, 10 kilometres north-west of Mont-Tremblant and approximately 150km north-west of Montreal.
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